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Northwest Natural Holding Company - NWN STOCK NEWS

Welcome to our dedicated page for Northwest Natural Holding Company news (Ticker: NWN), a resource for investors and traders seeking the latest updates and insights on Northwest Natural Holding Company stock.

Northwest Natural Holding Company (NYSE: NWN), headquartered in Portland, Oregon, serves as the largest independent natural gas utility in the Pacific Northwest. With a robust network, the company provides reliable natural gas service to approximately 700,000 residential, commercial, and industrial customers in Oregon and southwest Washington. Founded on a commitment to delivering safe and efficient energy, NW Natural focuses on the distribution and purchase of natural gas through its primary subsidiary, NW Natural.

NW Natural's operations are strategically centered around its natural gas distribution segment. This segment is essential in ensuring the seamless purchase and distribution of natural gas, primarily catering to the substantial demand in Oregon and southwest Washington. The company's diverse customer base predominantly includes residential and commercial sectors, which significantly contribute to its revenue and profitability.

Recent achievements highlight NW Natural's dedication to innovation and sustainability. The company has embarked on several projects aimed at enhancing energy efficiency and reducing carbon emissions. Their commitment to environmental stewardship is evident through investments in renewable natural gas and cutting-edge technologies designed to optimize operational performance.

Financially, NW Natural maintains a solid standing with consistent revenue generation primarily driven by its residential and commercial customers. The company's strategic partnerships and customer-centric approach further bolster its market position, ensuring stable growth and long-term value creation for shareholders.

NW Natural continues to prioritize safety, reliability, and customer satisfaction. The company's forward-looking projects and initiatives are designed to meet the evolving energy needs of its customers while adhering to stringent regulatory standards. Stay updated on the latest developments, financial performance, and strategic initiatives of NW Natural by visiting www.nwnatural.com.

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Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.5 cents per share on its common stock. The dividend will be paid on August 15, 2023 to shareholders of record on July 31, 2023. The company's indicated annual dividend rate is $1.94 per share.

NW Natural Holdings owns several businesses, including Northwest Natural Gas Company, NW Natural Water Company, and NW Natural Renewables Holdings. The company has been recognized by Ethisphere® as one of the World's Most Ethical Companies® in 2022 and 2023. NW Natural provides natural gas service to approximately 2.5 million people through nearly 795,000 meters in Oregon and Southwest Washington. NW Natural Water serves an estimated 156,000 people through about 63,000 connections in the Pacific Northwest, Texas, and Arizona.

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NW Natural Water, a subsidiary of Northwest Natural Holding Company, has signed agreements to acquire Hiland Water Corporation and King Water Company, expanding its water and wastewater services business. The acquisitions will add approximately 15,000 connections to NW Natural Water's customer base. The company plans to provide operations and management support to water and wastewater system owners, leveraging shared personnel, technology, and expertise.
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NW Natural and BioCarbN have started production at a second RNG facility in Nebraska, with an investment of $12 million. The two projects combined are expected to produce 240,000 MMBtu of RNG annually, enough to heat over 5,400 homes. NW Natural aims to procure RNG equivalent to 5% of its Oregon sales volume in 2024 and 6% in 2025.
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Northwest Natural Holding Company (NYSE: NWN) will release its first quarter 2023 earnings on May 4, 2023, at 8 a.m. PT (11 a.m. ET). An analyst conference call will follow to discuss the results. Investors can join through the corporate website or by phone, with specific numbers provided for the U.S., Canada, and international callers. NWN serves approximately 2.5 million people in Oregon and Southwest Washington through 795,000 natural gas meters and also provides water services to 155,000 people across the Pacific Northwest, Texas, and Arizona. The company has been recognized as one of the World’s Most Ethical Companies by Ethisphere® in 2022 and 2023, highlighting its commitment to safety and environmental stewardship.

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The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.5 cents per share, payable on May 15, 2023, to shareholders of record as of April 28, 2023. This results in an indicated annual dividend rate of $1.94 per share. NW Natural, based in Portland, Oregon, has been operating for over 160 years, providing natural gas service to approximately 2.5 million people across 140 communities through nearly 795,000 meters in Oregon and Southwest Washington. Additionally, the company provides water distribution and wastewater services, serving around 155,000 people. NW Natural is committed to safety and environmental stewardship, having been recognized as one of the World’s Most Ethical Companies® in 2022 and 2023.

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FAQ

What is the current stock price of Northwest Natural Holding Company (NWN)?

The current stock price of Northwest Natural Holding Company (NWN) is $41.15 as of November 15, 2024.

What is the market cap of Northwest Natural Holding Company (NWN)?

The market cap of Northwest Natural Holding Company (NWN) is approximately 1.6B.

What services does NW Natural provide?

NW Natural provides natural gas service to residential, commercial, and industrial customers in Oregon and southwest Washington.

Where is Northwest Natural Holding Company headquartered?

Northwest Natural Holding Company is headquartered in Portland, Oregon.

How many customers does NW Natural serve?

NW Natural serves approximately 700,000 customers.

What is the primary business segment of NW Natural?

The primary business segment of NW Natural is natural gas distribution.

In which regions does NW Natural operate?

NW Natural operates in Oregon and southwest Washington.

How does NW Natural generate its revenue?

NW Natural generates revenue from residential, commercial, and industrial customers, with the majority coming from the residential and commercial sectors.

What are some recent projects of NW Natural?

Recent projects include initiatives to enhance energy efficiency, reduce carbon emissions, and investments in renewable natural gas.

What is the significance of NW Natural in the Pacific Northwest?

NW Natural is the largest independent natural gas utility in the Pacific Northwest, playing a crucial role in providing energy to the region.

How does NW Natural ensure safety and reliability?

NW Natural prioritizes safety and reliability through stringent regulatory compliance, cutting-edge technologies, and a customer-centric approach.

Where can I find more information about NW Natural?

More information about NW Natural can be found on their website at www.nwnatural.com.

Northwest Natural Holding Company

NYSE:NWN

NWN Rankings

NWN Stock Data

1.59B
38.67M
0.92%
79.32%
1.59%
Utilities - Regulated Gas
Natural Gas Distribution
Link
United States of America
PORTLAND